AI Artificial Intelligence Ventures Inc (ESIFF)

[Thundercleese]

When I researched it several articles out there recently are quoting Fundstrat's number of $8038 as a break even point for Bitcoin miners based on kilowatt electrical prices averaged worldwide. Bitcoin has been currently trading around 9k so not much above breakeven when you consider that electrical costs are not the only overhead costs (though definitely the highest). So it would be good if we had a North of $10k BTC price break. All that being said this is not the first time BTC has traded at breakeven mining prices. It did so in 2015 for awhile too and we all know the story turned into very good news from there out. All in all I'm very Bullish on Bitcoin and mining longterm but it's difficult to know where it will go short term. The mining space is still a fantastic mid to long term play IMO. The nice thing about $BKPPF is the basket offering means you are bound to experience upside even if a space like mining is moving sideways for a while.